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Are there benefits to a social market economy?
The social market economy combines capitalism with a social policy that ensures a basic economic safety net for the poor. It was originally implemented in West Germany.
Why did the economy do better in the West Germany than in east Germany?
Because West Germany was based on free market capitalism while East Germany was based on Socialism
Which soviet leader ordered the west to recognize the sovereignty of communist East Germany and remove all troops from West Berlin?
Soviet leader Nikita Khrushchev ordered the West to recognize the sovereignty of the communist East Germanys
What was the west economy before the civil war?
west was highly depended on life stock
What did Germanys reunification mean?
It meant that East and West Germany would now become one again. It also demonstrated a free democracy's victory over a communist government. It created economic problems for Germany because the East German economy was in poor shape after reunification.
Why was the Soviet Union unable to keep up with the market economy of the west?
because
Are there benefits to a social market economy?
The social market economy combines capitalism with a social policy that ensures a basic economic safety net for the poor. It was originally implemented in West Germany.
From 1949 to 1990 what was germanys two countries?
West (Bundesrepublik Deutschland) and East (Deutsche Demokratische Republik)
Why did the economy do better in the West Germany than in east Germany?
Because West Germany was based on free market capitalism while East Germany was based on Socialism
What country has the charcteristics of a market economy?
If you look at the countries of the developed world ("the West"), you will find the characteristics; however, you won't probably find a country that runs only on the principles of this system. There will always be some aspects that won't fit into the description of the market economy.
How was the slave trade important to the west African economy?
The market for West African slaves in creased as Muslim traders bought or seized black Africans to sell in north Africa.
What differences did china japan have in their acceptance of the west?
No
Bon is a capital city of .?
Bonn was the capital city of West Germany before the two Germanys were united. The capital is now Berlin.
Which soviet leader ordered the west to recognize the sovereignty of communist East Germany and remove all troops from West Berlin?
Soviet leader Nikita Khrushchev ordered the West to recognize the sovereignty of the communist East Germanys
When was West Side Market created?
West Side Market was created in 1912.
How did the mechanical reaper expand the national market economy?
The mechanical reaper allowed farmers in the West to grow large quantities of wheat much of which they sold in eastern markets.
What is the farm economy in the West Indian islands based on?
The farm economy in the West Indies is based primarily on sugar and cocoa. Over the years, the farm economy in the West Indies has shrunk, and the tourism industry as grown.
